15th May 2006 08:47
Murchison United NL15 May 2006 Australian Stock Exchange Price Query ___________________________________________________________________________ Murchison United NL ("Murchison" or "The Company") (ASX:MUR, AIM:MUU) todayreceived a price query from the Australian Stock Exchange. The query "noted a change in the price of the company's securities from $0.09 on8 May 2006 to $0.14 today. We have also noted an increase in the volume oftrading in the securities over this period." Attached is Murchison's reply issued on the Australian Stock Exchange. For further information please contact: Mark ReillyManaging Director 15 May 2006 Mr Vickrem NaickerAustralian Stock ExchangeLevel 8Exchange Plaza2 The EsplanadePERTH WA 6000 BY FACSIMILE 9221 2020 (one Page) Dear Vickrem RESPONSE TO ASX PRICE QUERY The Company advises the following in response to your query today: 1. The Company is not aware of any information concerning it that has notbeen announced which, if known, could be an explanation for recent trading inthe securities of the Company. The Company notes the continued improvement in the uranium price and theresultant favourable market sentiment for uranium explorers. With this in mindthe Company is contemplating a capital raising in the near future to finance itscontinued exploration efforts in the Republic of Guinea and the Republic ofMauritania. 2. Not applicable 3. The Company is not aware of any other explanation for the price changein the securities of the Company. 4. The company confirms that it is in compliance with the listing rulesand, in particular, listing rule 3.1. Yours sincerely Joe SchiaviCompany Secretary This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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